FreedomPay Powers the Fastest, Touchless Self-Checkout Solution Mashgin
Plans to roll out leading-edge touchless technology across healthcare, stadiums, corporate dining, and convenience stores
Philadelphia, Pennsylvania May 28, 2020 – FreedomPay, the world’s leading consumer-centric commerce platform, has announced a strategic partnership with Mashgin, the industry leader in AI-powered, touchless self-checkout which will allow both technologies to work co-operatively to assist customers in resuming commercial activity safely and securely.
Mashgin is redefining the self-checkout experience by leveraging AI technologies like computer vision and machine learning to deliver dramatically faster and safer consumer transactions. Rather than depend on barcode technology, Mashgin uses cameras to visually recognize all of a customer’s items simultaneously, in less than one second, eliminating the need to scan each product individually. Once items are identified, payment can be completed using all forms contactless payments, ensuring the safety of every customer.
Mashgin’s self-checkout solution is deployed in over 200 installations across multiple sectors and venues in the United States, ranging from healthcare facilities, corporate dining, and high-profile sports stadiums.
The collaboration further demonstrates both companies’ commitment to being at the forefront of Consumer Centric Commerce technologies, delivering best-in-class solutions across sports, stadiums and entertainment, business dining, education, and healthcare. The FreedomPay Commerce Platform provides award winning capabilities and support for EMV, NFC, DCC, and importantly, unmatched point-to-point encryption (P2PE) security solutions for credit card readers.
Christopher Kronenthal, President and CTO of FreedomPay said: “Our partners choose FreedomPay because we are experienced in providing a robust, secure and seamless payment processing solution. We can offer even more convenient consumer experiences with new digital technology that adds significant value to the sectors we operate in, and we are excited to see more of Mashgin’s devices powered by FreedomPay in the field.
“By collaborating with a technology provider that is already having a tremendous impact on the customer checkout experience, our partners can look forward to accessing the smartest, safest and most secure business solutions on the market.”
Abhinai Srivastava, Founder & CEO at Mashgin added: “Our partnership with FreedomPay has been extremely helpful in accelerating the growth of our company. The large majority of our clients request that we use FreedomPay specifically so partnering with them makes it very easy for our clients to deploy our solution immediately with full confidence in the high security and guaranteed PCI compliance that FreedomPay provides.”
The FreedomPay Commerce Platform is the technology of choice for many of the largest companies across the globe in retail, hospitality, lodging, gaming, sports and entertainment, foodservice, education, healthcare and financial services. FreedomPay’s technology has been purposely built to deliver rock solid performance in the highly complex environment of global commerce. The company maintains a world-class security environment and was first to earn the coveted validation by the PCI Security Standards Council against Point-to-Point Encryption (P2PE/EMV) standard in North America. FreedomPay’s robust solutions across payments, security, identity, and data analytics are available in-store, online and on-mobile and are supported by rapid API adoption. The award winning FreedomPay Commerce Platform operates on a single, unified technology stack across multiple continents allowing enterprises to deliver a consistent, repeatable experience on a global scale. www.freedompay.com
During the onset and aftermath of COVID-19, FreedomPay introduces the Touchless Commerce program, ensuring the safety of merchants and customers globally. Whether in a restaurant, airport, convenience store, retail outlet or hotel, enabling touchless commerce makes the checkout experience swift, simple and secure.
FreedomPay regularly produces white papers which provide in-depth understanding into the world of payment technology, data, security and commerce solutions for different sectors. Below are the links to the most recent reports:
Mashgin is helping redefine the self-checkout experience for food service operators looking to drive results through innovation. Through the use of cutting edge technology powered by AI and a fully touchless user experience that results in 4x faster service than traditional POS and 20% revenue lift across locations, Mashgin allows customers to quickly and safely scan, pay, and be on their way. Mashgin, based in Palo Alto, CA and a graduate of Y Combinator, serves customers daily in hundreds of locations across Sports, Business Dining, Healthcare, Higher Education, and Retail clients. For additional information, visit: www.mashgin.com.